Kemper Co. (NYSE:KMPR) Stock Holdings Increased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd boosted its stake in shares of Kemper Co. (NYSE:KMPR) by 244.2% during the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 18,853 shares of the insurance provider’s stock after purchasing an additional 13,376 shares during the period. Dynamic Technology Lab Private Ltd’s holdings in Kemper were worth $1,155,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in KMPR. Vaughan Nelson Investment Management L.P. grew its holdings in shares of Kemper by 65.2% during the 2nd quarter. Vaughan Nelson Investment Management L.P. now owns 623,832 shares of the insurance provider’s stock valued at $37,012,000 after acquiring an additional 246,184 shares in the last quarter. Janus Henderson Group PLC grew its stake in Kemper by 12.7% in the first quarter. Janus Henderson Group PLC now owns 515,487 shares of the insurance provider’s stock valued at $31,919,000 after purchasing an additional 57,979 shares in the last quarter. Teachers Retirement System of The State of Kentucky increased its position in Kemper by 84.6% in the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 39,914 shares of the insurance provider’s stock worth $2,472,000 after purchasing an additional 18,290 shares during the last quarter. Boston Partners raised its stake in shares of Kemper by 161.0% during the 1st quarter. Boston Partners now owns 263,432 shares of the insurance provider’s stock worth $16,297,000 after purchasing an additional 162,508 shares in the last quarter. Finally, Natixis Advisors LLC lifted its holdings in shares of Kemper by 50.6% during the 2nd quarter. Natixis Advisors LLC now owns 68,604 shares of the insurance provider’s stock valued at $4,070,000 after buying an additional 23,043 shares during the last quarter. Institutional investors and hedge funds own 86.23% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on KMPR shares. JMP Securities reaffirmed a “market outperform” rating and set a $85.00 price objective on shares of Kemper in a research report on Tuesday, October 15th. Piper Sandler lifted their price objective on shares of Kemper from $77.00 to $80.00 and gave the company an “overweight” rating in a research note on Tuesday, August 6th. Raymond James increased their target price on shares of Kemper from $70.00 to $75.00 and gave the stock a “strong-buy” rating in a research report on Thursday, August 8th. UBS Group raised their target price on Kemper from $67.00 to $71.00 and gave the company a “buy” rating in a report on Tuesday, August 13th. Finally, StockNews.com upgraded Kemper from a “hold” rating to a “buy” rating in a research note on Monday, November 4th. Five research analysts have rated the stock with a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $79.00.

Kemper Stock Down 0.5 %

KMPR stock opened at $71.57 on Wednesday. Kemper Co. has a 52-week low of $42.32 and a 52-week high of $73.01. The company has a debt-to-equity ratio of 0.50, a current ratio of 0.22 and a quick ratio of 0.22. The stock has a market capitalization of $4.58 billion, a price-to-earnings ratio of 17.04 and a beta of 0.85. The company has a 50-day moving average of $64.05 and a two-hundred day moving average of $61.80.

Kemper (NYSE:KMPR) last posted its quarterly earnings results on Wednesday, October 30th. The insurance provider reported $1.62 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.34 by $0.28. Kemper had a net margin of 5.86% and a return on equity of 12.03%. The company had revenue of $1.18 billion for the quarter, compared to analyst estimates of $1.07 billion. During the same period last year, the business posted ($0.44) EPS. The business’s quarterly revenue was down 1.7% on a year-over-year basis. As a group, equities research analysts anticipate that Kemper Co. will post 5.36 EPS for the current year.

Kemper Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, December 4th. Investors of record on Monday, November 18th will be given a $0.31 dividend. The ex-dividend date of this dividend is Monday, November 18th. This represents a $1.24 annualized dividend and a yield of 1.73%. Kemper’s dividend payout ratio (DPR) is currently 29.52%.

About Kemper

Kemper Corporation, a diversified insurance holding company, engages in the provision of insurance products to individuals and businesses in the United States. The company operates through three segments: Specialty Property & Casualty Insurance, Preferred Property & Casualty Insurance, and Life & Health Insurance.